Green Quadrant: Enterprise Carbon Management Software 2023

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Executive Summary

This report provides a detailed, fact-based comparison of the 19 most prominent enterprise carbon management software vendors in the market. Based on the proprietary Verdantix Green Quadrant methodology, our analysis incorporated two-hour live briefings, desktop research and vendor responses to a 70-point questionnaire covering 12 capability and six market momentum categories. The enterprise carbon management software market is experiencing significant growth and transformation, driven by firms' voluntary and regulatory commitments towards carbon emissions reporting and decarbonization. The landscape of carbon management software vendors is adapting to suit, influenced by regulatory pressures, stakeholder expectations, industry-specific needs and technological advancements. This presents both challenges and opportunities for vendors and buyers in their pursuit of effective carbon management and decarbonization. Among the software vendors featured in this Green Quadrant, 13 firms – Benchmark Gensuite, Cority, IBM/Envizi, Microsoft, Persefoni, Salesforce, Schneider Electric, Sphera, Sweep, UL Solutions, Velocity EHS, Watershed and Wolters Kluwer Enablon – demonstrated the most advanced all-round carbon management software capabilities.
HP, Quentic, Ingredion, PCMA Partners, IKEA, CSRHub, Accenture, ArcelorMittal, Accuvio, BearingPoint, General Mills, Task Force on Climate-related Financial Disclosures (TCFD), TRC Companies, Dell, Eiffage, EY, Greenly, ENGIE Impact, Assent, EDC, CDP, Microsoft, Campari Group, LTIMindtree, Allied Irish Banks (AIB), Makersite, GHG Protocol, Santander, KPMG, 3Degrees, Workiva, AMCS, Partnership for Carbon Accounting Financials (PCAF), AXA Climate, H&S Group, Capgemini, Vista Equity Partners, Optera, Lowercarbon Capital, Reynolds, Bloomberg, Trinity Consultants, Global Reporting Initiative (GRI), Flying Tiger, Golder, Normative, Philips, S&P Global, Huco Consulting, International Sustainability Standards Board (ISSB), Ford Motor Company, ATS Corporation, UN Framework Convention on Climate Change (UN Climate Change Conference), Xylem, Jacobs, Atos, Reporting21, Toyota Tsusho, The Hertz Corporation, Airbnb, EXIOBASE, Electrolux, Carnrite Group, International Air Transport Association (IATA), Emitwise, Langan, Marks & Spencer, Södra, NZero, RSM, Connor Group, Banque de France, Aramark, Estée Lauder, Malk Partners, Schneider Electric, HPE, Ocean Spray, ALL4, Zurich Insurance Group, DS Smith, Casino, TIME CO2, WSP, Dropbox, Crédit Agricole, Carbon Call, Burlington, Horizon, SAP, Sweep, Docomo Business, Cority, Grove, BBC, Nordea Bank, L'Oreal, Skandinaviska Enskilda Banken (SEB), JBA, Wipro, VelocityEHS, Minerva Foods, Avanade, Arcadis, ERM, Celsia, CGI, Envizi, BNP Paribas, Hitachi Rail, GLYNT.AI, Wolters Kluwer Enablon, Diligent, International Council on Mining and Metals (ICMM), Lacoste, Salesforce, Werner Enterprises, Balfour Beatty, UL Solutions, Blackstone, CarbonChain, EcoAct, Sphera, Banco Bilbao Vizcaya Argentaria (BBVA), Nestlé, Applied Value Group, GRESB, PCL Construction, Nike, IBM, Citi, Banco Santander, Amazon, Dexco, Sustainability Accounting Standards Board (SASB), WayCarbon, Science Based Targets initiative (SBTi), Viveo, Siemens, US Department of Energy, AECOM, Nexio Projects, Stantec, Bain & Company, Infosys, Ideagen DevonWay, Hitachi, Climatiq, Persefoni, J.S Held, CSW Industrials, Benchmark Gensuite, US Securities and Exchange Commission (SEC), Munich Re, Deloitte, GHD, DEPT, VitalMetrics, Tata Consultancy Services, MSCI, FigBytes, Watershed, Dun & Bradstreet, Lear Corporation, THG, Fujitsu, Enbridge, UN Conference of the Parties (COP), European Environment Agency, Greenstone, PwC, Creditsafe, Cognizant, WeSustain, Buckman

About the Authors

Adam Barnard

Adam Barnard

Principal Analyst

Adam is a Principal Analyst in the Verdantix Net Zero & Climate Risk practise. Prior to joining Verdantix, Adam was a Director at an environmentally focused US investment …

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Alice Saunders

Alice Saunders

Industry Analyst

Alice is an Industry Analyst in the Verdantix Net Zero & Climate Risk practice. Her current research agenda focuses on climate risk solutions and biodiversity. Alice holds…

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Ryan Skinner

Ryan Skinner

Research Director, Net Zero & Climate Risk

Ryan is the Research Director for the Verdantix Net Zero & Climate Risk practice. He guides the research team to develop compelling research at the intersection of net zer…

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